In the News

Downtown Jewelry Center One Step Closer To Reality

Mayor Oscar B. Goodman, city officials and members of the jewelry industry gathered to celebrate the recently unveiled plans for the World Jewelry Center. The one-million square foot mixed-use showcase will be located on Union Park, a 61-acre parcel located in the heart of downtown Las Vegas.

The cornerstone of the project will be an iconic, state-of-the-art office tower. Tenants will own their own subdivided space in the tower, which will also include meeting and exhibition facilities, several international restaurants, a private club and a fitness center. The top floors of the tower will be dedicated to luxury residential condominiums with panoramic views. The adjacent three-story retail jewelry center will have a world-class gem and jewelry museum and exhibition space open to the public.

The World Jewelry Center will combine the corporate offices of several hundred domestic and international gem and jewelry companies in a trade tower that will be one of the tallest office buildings in Las Vegas along with a separate, free-standing gallery of retail jewelry stores with broad middle-market appeal. The WJC is planned to open for business in late 2009 to mid 2010.

Union Park, the 61-acre parcel located in the heart of downtown Las Vegas, is the largest downtown urban development project in the country. The Union Park project is being master planned by the city of Las Vegas and Newland Communities.